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Hello's Sleep-tracking Kickstarter Hit, Which Raised Over $42M In Three Years, Collapses (bbc.com) 100

Reader AmiMoJo writes: A sleep-tracking tech start-up founded by a Briton, which was one of Kickstarter's biggest success stories, has collapsed. Hello raised more than $2.4m (1.9m pound) for its Sense bedroom monitor via the crowdfunding site in 2014, and went on to attract a further $40.5m. Private backers included Singapore's sovereign wealth fund Temasek and Facebook Messenger chief David Marcus. Hello confirmed it would "soon be shutting down", via Medium's news site. The equipment produced a unique score for the previous night's sleep and aimed to wake the owner up at the best point in their sleep cycle.

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